CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Kinstellar has announced several appointments to firm-wide practice and sector leadership positions, including Partner Csilla Andreko in Budapest, Partner Iustinian Captariu and Special Counsel Magda Raducanu in Bucharest, Managing Partner Milos Velimirovic in Belgrade, Managing Partner Lukas Sevcik and Counsel Jan Lehky in Prague, and Managing Associate Lukas Mrazik in Bratislava.
WKB Lawyers has advised Elektrownia Wiatrowa Baltica 2 – investors in the Baltica 2 Offshore Wind Farm – on the contract for the development of the farm's onshore connection with cable lines.
Suciu Popa has advised Eximprod on the construction agreement for the development and construction of the grid connection of the Studina photovoltaic plant.
Dentons has advised sponsor Yevulei Shemesh Renewable Energy Group the PLN 335 million financing extended by mBank and the EBRD for the construction and operation of a 48-megawatt onshore wind farm in south-eastern Poland.
On January 19, 2024, Zepos & Yannopoulos announced that Enel’s sale of a 50% stake in Enel Green Power Hellas to Macquarie Asset Management (reported by CEE Legal Matters on August 18, 2023) had closed.
Since the beginning of the year, the Government has modified the previous legal environment concerning the development of wind power plants in several areas to increase wind power capacity. According to the Ministry of Energy's communication so far, wind power capacity is expected to increase to around 1,000 MW by 2030.
In December 2023, the Hungarian Government significantly eased the regulatory conditions for the establishment of wind turbine projects in Hungary in order to comply with EU requirements and enhance the utilization of green energy.
